Simpson Thacher Represents Brambles in Acquisition of IFCO Systems
Simpson Thacher is representing Brambles Limited as U.S. counsel in its acquisition of IFCO Systems NV in a transaction valued at €923 million (U.S. $1.26 billion). The transaction is expected to close by the middle of 2011.
IFCO is a leading provider of pooled reusable plastic containers to the food supply chain worldwide and of pallet services in the U.S.
The Simpson Thacher team for the acquisition includes: Alan Klein, Thomas Terbell, Ashwin Cheriyan, Jim Cross and Jason Ewart (M&A); Vince Pagano, Jaime Mercado and Jordan Taylor (Capital Markets); Brian Robbins, Samantha Shipp and Julia Gaffin (Executive Compensation and Employee Benefits); Erik Hepler (Collateral); Adeeb Fadil and Noreen Lavan (Environmental); Nicholas Goldin and Sonya Mirbagheri (Litigation); Marcela Robledo (IP); Seojung Park (Tax); and Krista McManus and Daniel Molina (Real Estate). Paralegals Fernando Burman, Matthew Dresher and Matthew McLaughlin also provided valuable assistance.